Main Battle Tanks

Global Main Battle Tanks Market to Reach US$6.5 Billion by 2030

The global market for Main Battle Tanks estimated at US$5.8 Billion in the year 2024, is expected to reach US$6.5 Billion by 2030, growing at a CAGR of 1.8% over the analysis period 2024-2030. Light Tanks, one of the segments analyzed in the report, is expected to record a 1.6% CAGR and reach US$3.5 Billion by the end of the analysis period. Growth in the Medium Tanks segment is estimated at 2.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.6 Billion While China is Forecast to Grow at 3.3% CAGR

The Main Battle Tanks market in the U.S. is estimated at US$1.6 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 3.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.7% and 1.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.0% CAGR.

Global Main Battle Tanks Market - Key Trends & Drivers Summarized

Why Are Main Battle Tanks Still Crucial in Modern Warfare Scenarios?
Despite the proliferation of asymmetric warfare, cyber operations, and unmanned systems, main battle tanks (MBTs) continue to serve as irreplaceable assets in conventional and hybrid military operations. Their relevance lies in their ability to deliver decisive firepower, armor protection, and tactical mobility across diverse combat environments-from open terrains to urban warzones. MBTs are engineered to dominate ground engagements, support mechanized infantry units, and provide strategic deterrence. They serve as mobile fortresses that can breach enemy lines, repel armored threats, and absorb damage that lighter vehicles or infantry cannot endure.

The resurgence of geopolitical tensions and regional conflicts has reaffirmed the strategic value of MBTs. Events in Eastern Europe, the Middle East, and parts of Asia have reinforced the doctrine that land dominance cannot be achieved without heavily armored platforms capable of both offensive and defensive roles. Militaries are therefore reinvesting in next-generation MBTs that incorporate composite armor, active protection systems (APS), and advanced fire control technologies. These advancements ensure continued battlefield dominance even against modern anti-tank guided missiles (ATGMs), loitering munitions, and drone-based surveillance systems.

How Are Technology Upgrades Transforming the Capabilities of MBTs?
MBTs are undergoing substantial technological overhauls to adapt to evolving threat landscapes and multi-domain warfare requirements. The integration of active protection systems like Israel’s Trophy or Russia’s Afganit enables tanks to intercept incoming projectiles before they impact the hull, greatly enhancing survivability against modern ATGMs. Moreover, developments in composite, reactive, and modular armor are improving defensive resilience without significantly increasing weight.

Advanced fire control systems now include thermal imaging, laser rangefinders, and ballistic computers that enable precision targeting during day/night operations and while on the move. New-generation tanks are also equipped with autoloaders, unmanned turrets, and hunter-killer capabilities that reduce crew fatigue and improve combat effectiveness. Integration of electronic warfare (EW) modules, C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance) interfaces, and drone coordination capabilities is turning MBTs into networked assets within digital battlefield ecosystems.

Mobility enhancements through hybrid propulsion systems and improved suspension designs are expanding operational range and reducing the acoustic and thermal signature of tanks. AI-assisted diagnostics and predictive maintenance tools are extending lifecycle performance and minimizing unscheduled downtimes. Some armies are exploring reduced-crew or optionally manned MBTs that combine high automation with remote-control options for high-risk missions.

Which Procurement Patterns and Regional Forces Are Shaping Market Demand?
MBT acquisition trends vary widely across regions based on threat perception, budgetary constraints, and industrial capabilities. NATO countries are modernizing legacy platforms such as the M1 Abrams, Leopard 2, and Challenger 2 to enhance survivability and interoperability within alliance missions. The U.S. Army continues to invest in the M1A2 SEPv4 variant, while Germany and France are jointly developing the next-generation Main Ground Combat System (MGCS) to replace aging fleets over the next decade.

In Eastern Europe, countries like Poland, Ukraine, and Romania are acquiring or upgrading MBTs in response to heightened regional insecurity. Poland has ordered hundreds of M1 Abrams tanks from the U.S. while also investing in South Korea’s K2 Black Panther. The Middle East remains a lucrative market, with nations such as Saudi Arabia, Egypt, and UAE procuring MBTs to maintain military parity in a volatile region. Asian powers including India, China, and South Korea are rapidly expanding their armored capabilities with indigenous models like the Arjun Mk.1A, Type 99, and K2.

Local production initiatives are gaining momentum, with countries seeking to reduce dependence on foreign suppliers. Turkey’s Altay program, Indonesia’s Harimau, and Egypt’s tank co-production with the U.S. underscore the push toward defense self-reliance. Simultaneously, global export competition is intensifying, with Russia, Germany, South Korea, and the U.S. offering customized MBT solutions to developing markets across Africa, Latin America, and Southeast Asia.

What Is Fueling Growth in the Main Battle Tanks Market Globally?
The growth in the global main battle tanks market is driven by several factors, including rising geopolitical instability, increased defense spending, and rapid modernization of armored forces. As great power competition intensifies and conventional deterrence regains priority in military doctrines, MBTs are being re-evaluated as essential components of ground combat superiority. Nations are accelerating procurement cycles and investing in lifecycle upgrades to maintain battlefield readiness and deterrence posture.

Technological convergence across AI, active protection, advanced sensors, and digital command systems is enabling a new generation of MBTs that are smarter, faster, and more survivable. This technological momentum is attracting investments from both state-run manufacturers and private defense contractors seeking to expand their armored portfolios. Moreover, as MBTs become more modular and customizable, they can be adapted to varying combat doctrines, terrain conditions, and operational needs.

Defense collaborations, offsets, and co-development agreements are opening new markets, while international conflicts are triggering urgent demand for proven MBT platforms. Additionally, the role of MBTs in joint operations with unmanned systems and aerial assets is reinforcing their relevance in hybrid warfare scenarios. With defense modernization projects scaling globally and new theaters of conflict emerging, the main battle tanks market is set for sustained growth and innovation over the next decade.

SCOPE OF STUDY:

The report analyzes the Main Battle Tanks market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Light Tanks, Medium Tanks, Heavy Tanks)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 41 Featured) -
  • BAE Systems plc
  • China North Industries Group Corporation (Norinco)
  • CNH Industrial N.V. (Iveco Defence Vehicles)
  • Denel Land Systems
  • Elbit Systems Ltd.
  • FNSS Defence Systems
  • General Dynamics Land Systems
  • Hanwha Aerospace (formerly Hanwha Defense)
  • Heavy Industries Taxila (HIT)
  • Hyundai Rotem Company
  • IMI Systems (part of Elbit Systems)
  • JSC "Research and Production Corporation Uralvagonzavod"
  • Krauss-Maffei Wegmann GmbH & Co. KG
  • Leonardo S.p.A.
  • Mitsubishi Heavy Industries
  • Nexter Systems (KNDS Group)
  • Otokar Otomotiv ve Savunma Sanayi A.S.
  • Rheinmetall AG
  • RUAG AG (Land Systems Division)
  • Ukroboronprom (Ukrainian Defense Industry)
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Tariff Impact on Global Supply Chain Patterns
Main Battle Tanks – Global Key Competitors Percentage Market Share in 2025 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rising Geopolitical Tensions and Regional Conflicts Propel Modernization of Main Battle Tank Fleets
Innovation in Active Protection Systems Drives Survivability Upgrades in Main Battle Tanks
Increased Emphasis on Urban Warfare Capability Throws the Spotlight on Compact MBT Designs
Growth in Indigenous Defense Manufacturing Expands Domestic Procurement of Main Battle Tanks
Integration of AI-Assisted Fire Control and Targeting Enhances Tactical Superiority of MBTs
Demand for Hybrid and Reduced-Emission Propulsion Drives Innovation in Next-Generation Tank Platforms
Partnerships with Defense Ministries Foster Development of Custom MBT Configurations
Global Rise in Military Spending Spurs Competitive Bidding and Export Activity in Tank Markets
Expansion of C4ISR Integration in Ground Vehicles Strengthens Interoperability of Modern MBTs
Advancements in Reactive Armor and Composite Shielding Enhance Lethality and Crew Protection
Increased Participation in Multinational Joint Exercises Expands Requirements for MBT Compatibility Standards
Retrofits of Legacy Platforms Support Cost-Efficient MBT Fleet Modernization
Growth in Amphibious and All-Terrain Variants Drives Tactical Flexibility of Main Battle Tanks
Integration of Unmanned Ground Vehicles (UGVs) with MBTs Generates New Operational Doctrines
Cross-Border Tank Technology Transfers Accelerate Capability Development in Emerging Markets
Development of Multi-Caliber Gun Systems Enhances Mission Versatility in Next-Gen MBTs
Emphasis on Lightweight, Air-Transportable MBTs Expands Strategic Deployment Capabilities
Supply Chain Localization Efforts Strengthen Defense Autonomy for Customer Nations
Rising Demand for Night-Fighting and Low-Visibility Operations Spurs Sensor and IR Suite Integration
Use of MBTs in Disaster Relief and Humanitarian Aid Roles Broadens Their Operational Relevance
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Main Battle Tanks Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
TABLE 2: World Recent Past, Current & Future Analysis for Main Battle Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 3: World Historic Review for Main Battle Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 4: World 16-Year Perspective for Main Battle Tanks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2025 & 2030
TABLE 5: World Recent Past, Current & Future Analysis for Light Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 6: World Historic Review for Light Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 7: World 16-Year Perspective for Light Tanks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
TABLE 8: World Recent Past, Current & Future Analysis for Medium Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 9: World Historic Review for Medium Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 10: World 16-Year Perspective for Medium Tanks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
TABLE 11: World Recent Past, Current & Future Analysis for Heavy Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 12: World Historic Review for Heavy Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 13: World 16-Year Perspective for Heavy Tanks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
III. MARKET ANALYSIS
UNITED STATES
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
TABLE 14: USA Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 15: USA Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 16: USA 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
CANADA
TABLE 17: Canada Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 18: Canada Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 19: Canada 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
JAPAN
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
TABLE 20: Japan Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 21: Japan Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 22: Japan 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
CHINA
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
TABLE 23: China Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 24: China Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 25: China 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
EUROPE
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
TABLE 26: Europe Recent Past, Current & Future Analysis for Main Battle Tanks by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 27: Europe Historic Review for Main Battle Tanks by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 28: Europe 16-Year Perspective for Main Battle Tanks by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2025 & 2030
TABLE 29: Europe Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 30: Europe Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 31: Europe 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
FRANCE
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
TABLE 32: France Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 33: France Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 34: France 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
GERMANY
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
TABLE 35: Germany Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 36: Germany Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 37: Germany 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
ITALY
TABLE 38: Italy Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 39: Italy Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 40: Italy 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
UNITED KINGDOM
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
TABLE 41: UK Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 42: UK Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 43: UK 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
SPAIN
TABLE 44: Spain Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 45: Spain Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 46: Spain 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
RUSSIA
TABLE 47: Russia Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 48: Russia Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 49: Russia 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
REST OF EUROPE
TABLE 50: Rest of Europe Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 51: Rest of Europe Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 52: Rest of Europe 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
ASIA-PACIFIC
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
TABLE 53: Asia-Pacific Recent Past, Current & Future Analysis for Main Battle Tanks by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 54: Asia-Pacific Historic Review for Main Battle Tanks by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 55: Asia-Pacific 16-Year Perspective for Main Battle Tanks by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2025 & 2030
TABLE 56: Asia-Pacific Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 57: Asia-Pacific Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 58: Asia-Pacific 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
AUSTRALIA
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)
TABLE 59: Australia Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 60: Australia Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 61: Australia 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
INDIA
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)
TABLE 62: India Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 63: India Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 64: India 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
SOUTH KOREA
TABLE 65: South Korea Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 66: South Korea Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 67: South Korea 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
REST OF ASIA-PACIFIC
TABLE 68: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 69: Rest of Asia-Pacific Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 70: Rest of Asia-Pacific 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
LATIN AMERICA
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)
TABLE 71: Latin America Recent Past, Current & Future Analysis for Main Battle Tanks by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 72: Latin America Historic Review for Main Battle Tanks by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 73: Latin America 16-Year Perspective for Main Battle Tanks by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2025 & 2030
TABLE 74: Latin America Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 75: Latin America Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 76: Latin America 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
ARGENTINA
TABLE 77: Argentina Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 78: Argentina Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 79: Argentina 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
BRAZIL
TABLE 80: Brazil Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 81: Brazil Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 82: Brazil 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
MEXICO
TABLE 83: Mexico Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 84: Mexico Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 85: Mexico 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
REST OF LATIN AMERICA
TABLE 86: Rest of Latin America Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 87: Rest of Latin America Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 88: Rest of Latin America 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
MIDDLE EAST
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)
TABLE 89: Middle East Recent Past, Current & Future Analysis for Main Battle Tanks by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 90: Middle East Historic Review for Main Battle Tanks by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 91: Middle East 16-Year Perspective for Main Battle Tanks by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2025 & 2030
TABLE 92: Middle East Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 93: Middle East Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 94: Middle East 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
IRAN
TABLE 95: Iran Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 96: Iran Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 97: Iran 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
ISRAEL
TABLE 98: Israel Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 99: Israel Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 100: Israel 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
SAUDI ARABIA
TABLE 101: Saudi Arabia Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 102: Saudi Arabia Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 103: Saudi Arabia 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
UNITED ARAB EMIRATES
TABLE 104: UAE Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 105: UAE Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 106: UAE 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
REST OF MIDDLE EAST
TABLE 107: Rest of Middle East Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 108: Rest of Middle East Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 109: Rest of Middle East 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
AFRICA
Main Battle Tanks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)
TABLE 110: Africa Recent Past, Current & Future Analysis for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 111: Africa Historic Review for Main Battle Tanks by Type - Light Tanks, Medium Tanks and Heavy Tanks Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 112: Africa 16-Year Perspective for Main Battle Tanks by Type - Percentage Breakdown of Value Sales for Light Tanks, Medium Tanks and Heavy Tanks for the Years 2014, 2025 & 2030
IV. COMPETITION

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